Market Updates

U.S. Adds 10% Tariff on Canada After Ad Dispute

On Oct 25, President Trump announced an extra 10% tariff on Canada after the Ontario Reagan ad; U.S.–Canada trade talks paused as Ottawa signals readiness to resume.

U.S. to Cancel 100% China Tariffs in Preliminary Deal

U.S.–China negotiators outline a framework to cancel 100% tariffs, extend the tariff truce, and review rare earth export controls ahead of a leaders’ meeting.

Turkey Curbs Chinese E-Commerce: Shoes, Toys, Leather

Effective Oct 20, Turkey restricts shoes, toys and leather goods from Chinese e-commerce via postal/express clearance over safety risks—impacting Temu, AliExpress and Shein.

Belgium Plans €2 Parcel Fee on Non-EU Packages

Belgium’s proposed €2 parcel tax on non-EU packages under €150 could reshape cross-border e-commerce, while EU fees loom by 2028. Impact on Temu, AliExpress, Shein.

Indonesia Pushes 0.5% Platform-Withheld Seller Tax to 2026

Indonesia postpones a platform-withheld 0.5% seller income tax to February 2026 to raise compliance while protecting consumer spending.

Shopee Vietnam Tightens Furniture Listing Rules

From Sept 24, 2025, Shopee Vietnam furniture listings must include all required attributes. See impacted categories, what to fill, and how to update.